Socios
Blockchain-based fan token platform for sports and entertainment engagement.
Socios.com is a blockchain-based platform for sports and entertainment organizations to monetize their fan bases. The platform allows users to pay cryptocurrency to participate in polls related to sports teams. The platform is operated by the Mediarex company which was founded in 2018 and is headquartered in Malta. Mediarex also operates the related Chiliz blockchain platform.
Quick Facts
- Role
- Blockchain-based fan engagement platform
- Affiliation
- Mediarex (parent company)
- First appears
- 2018 (Platform launch)
- Status
- Active commercial platform
- Governance
- Mediarex management
Lore & Background
Socios.com was founded in 2018 by Alexandre Dreyfus. The company's goal was to create a blockchain-based platform that would allow sports and entertainment organizations to monetize their fan bases. The platform is operated by Mediarex, a company headquartered in Malta. It is important to distinguish Socios.com from the actual 'socios' of FC Barcelona—the club's democratic members and owners, who have governed the club since its founding in 1899. Socios.com is a separate commercial entity that offers fan tokens and engagement tools, not a membership or governance structure.
Reader's Guide
Socios.com's main product is the Socios.com app, which allows users to buy, trade, and execute voting rights for sports teams. The app also allows users to potentially earn cryptocurrency rewards. Socios' cryptocurrency tokens have fluctuated in value during high-profile sports events, such as the 2022 World Cup, reflecting a pattern of speculative investment.
Did You Know?
- Socios.com has partnerships with sports and entertainment organizations such as FC Barcelona, Paris Saint-Germain F.C., Juventus FC, and the UFC.
- The company has sponsored the Ballon d'Or since 2021.
More in Stadium & Club Culture
Elsewhere in FC Barcelona
Spotted an error? Know more?
Reader corrections go straight into our review queue. Suggest an edit · How this site is sourced